Rugby Mining Limited Stock Probability of Future Stock Price Finishing Under 0.015
| RUG Stock | CAD 0.02 0.01 33.33% |
Rugby |
Rugby Mining Target Price Odds to finish below 0.015
The tendency of Rugby Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to C$ 0.01 or more in 90 days |
| 0.02 | 90 days | 0.01 | near 1 |
Based on a normal probability distribution, the odds of Rugby Mining to drop to C$ 0.01 or more in 90 days from now is near 1 (This Rugby Mining Limited probability density function shows the probability of Rugby Stock to fall within a particular range of prices over 90 days) . Probability of Rugby Mining Limited price to stay between C$ 0.01 and its current price of C$0.02 at the end of the 90-day period is near 1 .
Assuming the 90 days horizon Rugby Mining Limited has a beta of -0.82 indicating as returns on the benchmark increase, returns on holding Rugby Mining are expected to decrease at a much lower rate. During a bear market, however, Rugby Mining Limited is likely to outperform the market. Additionally Rugby Mining Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Rugby Mining Price Density |
| Price |
Predictive Modules for Rugby Mining
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Rugby Mining Limited. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Rugby Mining Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Rugby Mining is not an exception. The market had few large corrections towards the Rugby Mining's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Rugby Mining Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Rugby Mining within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.73 | |
β | Beta against Dow Jones | -0.82 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.07 |
Rugby Mining Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Rugby Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Rugby Mining Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Rugby Mining Limited generated a negative expected return over the last 90 days | |
| Rugby Mining Limited has high historical volatility and very poor performance | |
| Rugby Mining Limited has some characteristics of a very speculative penny stock | |
| Rugby Mining Limited has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.46 M) with profit before overhead, payroll, taxes, and interest of 495. | |
| Rugby Mining Limited has accumulated about 1.24 M in cash with (3.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rugby Mining Shifts Focus Amid Regulatory Changes - TipRanks |
Rugby Mining Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Rugby Stock often depends not only on the future outlook of the current and potential Rugby Mining's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Rugby Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 257.8 M | |
| Cash And Short Term Investments | 1 M |
Rugby Mining Technical Analysis
Rugby Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Rugby Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Rugby Mining Limited. In general, you should focus on analyzing Rugby Stock price patterns and their correlations with different microeconomic environments and drivers.
Rugby Mining Predictive Forecast Models
Rugby Mining's time-series forecasting models is one of many Rugby Mining's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Rugby Mining's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Rugby Mining Limited
Checking the ongoing alerts about Rugby Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Rugby Mining Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Rugby Mining Limited generated a negative expected return over the last 90 days | |
| Rugby Mining Limited has high historical volatility and very poor performance | |
| Rugby Mining Limited has some characteristics of a very speculative penny stock | |
| Rugby Mining Limited has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.46 M) with profit before overhead, payroll, taxes, and interest of 495. | |
| Rugby Mining Limited has accumulated about 1.24 M in cash with (3.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rugby Mining Shifts Focus Amid Regulatory Changes - TipRanks |
Additional Tools for Rugby Stock Analysis
When running Rugby Mining's price analysis, check to measure Rugby Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rugby Mining is operating at the current time. Most of Rugby Mining's value examination focuses on studying past and present price action to predict the probability of Rugby Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rugby Mining's price. Additionally, you may evaluate how the addition of Rugby Mining to your portfolios can decrease your overall portfolio volatility.